Key takeaways: A broker’s open is an exclusive event for real estate agents, not the general public. It helps agents evaluate a property’s marketability and provide feedback to the listing agent and seller. Understanding the difference between an open house and a broker’s open can give sellers a strategic edge in negotiations. What is a […]
How a Broker Open Can Make or Break Your Negotiation Read More »
Key takeaways: Real estate contracts must include key elements like the offer, acceptance, and consideration to be legally binding. Missing or unclear terms can lead to disputes, delays, or even failed transactions. Buyers, sellers, and investors can avoid pitfalls by understanding essential contract elements and reading every clause carefully. Real estate contracts are the backbone
Essential Elements of a Real Estate Contract: What Every Buyer and Seller Should Know Read More »
Key takeaways: Buyer concessions are seller-offered incentives that make a home purchase more affordable for buyers. Common types include covering closing costs, repair credits, mortgage rate buy-downs, and HOA fees. Concessions can help sellers attract buyers in slower markets and ease financial stress for first-time buyers. What are buyer concessions in real estate? When you’re
What Are Buyer Concessions? A Guide for Homebuyers Read More »
Working with expired listing leads is a powerful strategy for real estate agents looking to find new clients. These homeowners are already motivated to sell, but their previous attempt was unsuccessful, making them a prime target for a new, effective agent. However, expired listings are not just an opportunity for new agents; they are also
How to Find Leads From Expired Listings: A Guide for Agents Read More »
It can be a great feeling when you’ve finally found that dream home and made an offer that got accepted. You may have been searching for a while (and maybe even missed out on a few houses), so the sense of joy and relief is palpable when you finally get that offer accepted. But what
What Happens After an Offer Is Accepted on a House? What To Expect Next: Read More »
Key takeaways What does the highest and best offer in real estate mean? It’s a request from a seller with multiple offers, asking buyers to submit their most attractive bid, considering both price and terms, by a specific deadline. Highest and best vs. best and final offer? A “highest and best” offer allows for potential
Highest and Best Offer: How To Win the House You Want Read More »